Casey’s General Stores, Inc. (NASDAQ: CASY) saw its stock climb 13% in morning trading on Tuesday, following the release of stronger-than-expected quarterly results and a dividend increase. The convenience store chain reported robust fiscal fourth-quarter earnings that beat Wall Street forecasts, driven by solid growth in both in-store and fuel sales.
For fiscal Q4 2025, Casey’s posted earnings per share (EPS) of $2.63, exceeding analysts’ average estimate by $0.67, according to Visible Alpha. Revenue rose 11% year-over-year to $3.99 billion, also topping expectations.
Inside sales jumped 12% to $1.41 billion, with management citing strong performance in bakery items, hot and cold prepared foods, and non-alcoholic beverages. Fuel sales were also a highlight, with gallons sold rising 18% to 818.6 million, largely due to the addition of 246 new store locations over the past year.
Operating expenses increased 14.5%, driven in part by the expansion, which accounted for roughly 12% of the OpEx growth. Despite rising costs, Casey’s board approved a 14% dividend increase, raising the quarterly payout to $0.57 per share from $0.50.
Looking ahead, Casey’s forecasts EBITDA growth of 10% to 12% for fiscal 2026. It expects same-store inside sales to increase between 2% and 5%, while same-store fuel volumes are projected to range from -1% to +1%.
Headquartered in Ankeny, Iowa, Casey’s operates nearly 2,900 convenience stores across 20 states, offering a mix of self-service fuel, grocery items, and made-to-order food. The company’s continued growth and operational strength have positioned it as a standout in the retail and fuel convenience space.
